Waec Commerce 2012 Past Questions and Answers

Question 11:

• WAEC 2012

Buildings and machinery used in the running of a business are examples of

A. Current assets
B. Intangible assets
C. Liquid assets
D. Fixed assets

Question 12:

• WAEC 2012

Which of the following is classified as invisible item in balance of payment?

A. Import of goods
B. Salaries of expartriates
C. Export of groundnuts
D. Sale of equipment

Question 13:

• WAEC 2012

Collecting information on the taste of consumers and the extent of demand for a product is

A. Market research
B. Market segmentation
C. Marketing mix
D. Marketing concept

Question 14:

• WAEC 2012

Which of the following is not an insurance of indemnity

A. Life
B. Marine
C. Burglary
D. Fire

Question 15:

• WAEC 2012

The entitlement of a debenture holder from a company's income is known as

A. Commission
B. Interest
C. Lien
D. Dividend